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Supreme Court Allows Auction Purchaser's Appeal in Execution Sale Dispute — High Court Erred in Invalidating Court Auction Without Setting Aside Decree. Court Auction Sale Confirmed Under Order 21 Rule 92 CPC Cannot Be Invalidated Collaterally in Absence of Fraud or Material Irregularity.

The case arises from a civil suit filed by decree holder) against judgment debtor) for recovery of ₹3,75,000 with interest. The suit was decreed ex ...

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Bombay High Court Allows Writ Petition Quashing Attachment Notices Against Third-Party Purchaser for Excise Dues of Defaulter. Central Excise Cannot Attach Property Sold Prior to Creation of Dues Without Notice to Purchaser Under Section 11 of Central Excise Act, 1944.

The Petitioner, M/s Runwal Constructions, a partnership firm registered under the Indian Partnership Act, 1932, engaged in construction and developmen...

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High Court of Bombay Dismisses Writ Petition Challenging Tender Cancellation in BEST Bus Procurement Case. Court upholds cancellation of tender for 25 double-decker buses due to lack of transparency and failure to comply with tender conditions, directing fresh tender process.

The petitioner, B. D. Bansal and Co., a proprietorship firm, filed a Writ Petition under Article 226 of the Constitution of India before the High Cour...

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Bombay High Court Dismisses Writ Petitions Challenging Cooperative Court Orders in Recovery Proceedings — Held That Recovery Officer Has Power to Attach Property Under Section 101 of Maharashtra Cooperative Societies Act, 1960.

The case involves two writ petitions filed by Karmaveer Bhaurao Patil Zilla Sah Pat Sanstha Ltd. and its Special Recovery Officer, and by Nana Appa Pa...

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Bombay High Court Directs Deposit of Balance Bid Amount in Auction Sale of Company in Liquidation. Official Liquidator's Report for Confirmation of Sale of Properties of M/s. Akola Oil Industries Ltd. - Bidders Required to Deposit Balance Amount Within 15 Days.

The Official Liquidator appointed over M/s. Akola Oil Industries Ltd. (in liquidation) filed reports seeking confirmation of auction sales held on 9-1...